BEDS8
BATHS5 full
SQUARE FEET2,444
MLS#793721
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Outstanding multifamily investment opportunity with exceptional potential! This 2. 5-acre corner parcel in Southport, Florida, features three income-producing mobile homes and is ideal for investors looking to expand their rental portfolio. The seller is retiring, creating an excellent opportunity to own a property with established rental history and future upside. Conveniently located just 11 miles (approximately 15 minutes) from Lynn Haven, the property offers a peaceful setting with easy access to shopping, dining, schools, and everyday conveniences. The surrounding area includes established neighborhoods such as Lake Merial, White Oaks, and Skunk Valley. The mobile homes are older and could benefit from some TLC, but they have provided consistent rental income for many years. Previous rental rates were $750/month, $550/month, and $675/month, with long-term tenants in place. The seller believes current market conditions may support higher rental rates, offering additional income potential. Whether you choose to continue operating the property as a rental investment, renovate the existing homes, or take advantage of the beautiful corner parcel to build your dream home, this property offers flexibility and numerous possibilities. Don't miss this unique opportunity to own acreage with income potential in a desirable and growing area. Property and home dimensions are approximate.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Multi Units, Window Unit(s)
Heating: Central, Electric
Lot Size: 2.50 Acres
Roof Type: Composition, Shingle
Taxes: $871
Year Built: 1972
Amenities
Covered Patio
Feature Descriptions
Appliances: Electric Cooktop, Electric Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 25
Exterior: Metal Siding, Vinyl Siding
Fencing: Partial
Lot Dimensions: 330x330
Parcel#: 07506-000-000
Patio/Porch: Deck
Utilities: Electricity Available
Room Sizes
Bedroom: 0 X 0 Level - First
Bedroom: 0 X 0 Level - First
Living Room: 0 X 0 Level - First
Bedroom: 0 X 0 Level - First
Living Room: 0 X 0 Level - First
Bedroom: 0 X 0 Level - First
Bedroom: 0 X 0 Level - First
Living Room: 0 X 0 Level - First
Local Schools
High School: Deane Bozeman
Middle School: Deane Bozeman
Elementary School: Deane Bozeman
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 513.10 per month $389.47 Principal & Interest $72.58 Property Tax $51.04 Homeowner's InsuranceChange Payment Information
12933 Farm Road | MLS# 793721
This multi-family property located at 12933 Farm Road , Southport, FL 32409 is currently listed for sale with an asking price of $175,000. Search Southport real estate on www.realtymark.net today.